All PropertyEU Archive articles – Page 1825

  • PropertyEU Archive

    Salans advised ING RED on Budapest sale

    2010-12-01T00:00:00Z

    International law firm Salans advised ING Real Estate Development on the sale of a prime retail property in Budapest city centre last month.

  • PropertyEU Archive

    F&C REIT announces first close of Best Value Germany I

    2010-12-01T00:00:00Z

    F&C REIT Germany, based in Munich, has announced the first closing of its Best Value Germany 1 fund on 30 November 2010 with an initial commitment of EUR 120 mln. The fund has a target investment volume of EUR 300 mln and will invest in prime properties in medium-sized and ...

  • PropertyEU Archive

    Savills launches asset management service for Belux

    2010-12-01T00:00:00Z

    International real estate advisor Savills has launched a property and asset management service at its Belux operation.

  • PropertyEU Archive

    NewRiver Retail buys UK mall portfolio

    2010-12-01T00:00:00Z

    NewRiver Retail, the UK specialist REIT focused on the retail sector, announces that it has completed the acquisition of a major portfolio of five UK shopping centres from the CPI Retail Active Management (CReAM) fund. The portfolio was acquired in an off-market deal for approximately £53 mln (EUR 63 ...

  • PropertyEU Archive

    Castellum buys properties in Uppsala

    2010-12-01T00:00:00Z

    Swedish real estate firm Castellum has acquired two properties in Uppsala for SEK 190 mln (EUR 20.7 mln) through its wholly-owned subsidiary Aspholmen Fastigheter AB.

  • PropertyEU Archive

    IGD Siiq opens mall and retail park in Conegliano

    2010-12-01T00:00:00Z

    Italian shopping centre investor Immobiliare Grande Distribuzione SIIQ (IGD Siiq) has announced the opening of the Cone mall and retail park in Conegliano, near Treviso. The centre, which involves a total investment of over EUR 70 mln, covers a total gross floor area of 27,400 m[sup]2[/sup] and has 1,550 parking ...

  • PropertyEU Archive

    Record retail deal volume in France: C&W

    2010-12-01T00:00:00Z

    Some EUR 6.9 bn was transacted in the French commercial real-estate investment market in the first nine months of the year, marking a 41% increase compared to the same time last year.

  • PropertyEU Archive

    Epra slams GOEF proposals

    2010-12-01T00:00:00Z

    The European Public Real Estate Association (EPRA) has slammed what it describes as the German government’s insistence on propping up the ailing open-ended fund structure (GOEF) with reactive legislative changes - at the expense of efforts to grow the publicly listed property market in Germany.

  • PropertyEU Archive

    Global hotel volumes to jump 40% in 2011: JLL Hotels

    2010-11-30T00:00:00Z

    Following a strong recovery in 2010, global hotel transaction volume is set to increase by another 30-40% in 2011, according to initial results from Jones Lang LaSalle's Hotel Investment Outlook 2011. This would mean a total volume of around $28-$30 bn (EUR 21.5-23 bn).

  • PropertyEU Archive

    SFL to take 30% of Siic de Paris in EUR 286m deal

    2010-11-30T00:00:00Z

    Société Foncière Lyonnaise (SFL), the French real estate company controlled by Spain's Colonial Inmobiliaria, is to take a 30% stake in Siic de Paris. The transaction value amounts to roughly EUR 286 mln.

  • PropertyEU Archive

    Investment volume slips in Q3: CBRE

    2010-11-30T00:00:00Z

    Commercial real estate investment volume fell to EUR 23.1 bn in Q3 from EUR 24.6 bn in the previous quarter, according to research from CB Richard Ellis. Despite the fall, the longer term trend appears to be steadily upwards, the adviser said. ‘Investor demand remains heavily concentrated at the prime ...

  • PropertyEU Archive

    Immofinanz refinances 3 Polish assets with Helaba

    2010-11-30T00:00:00Z

    Austrian real estate company Immofinanz has refinanced three properties in Poland for EUR 250 mln with German lender Helaba Landesbank Hessen-Thüringen (Helaba).

  • PropertyEU Archive

    Redevco sells Savoy Court to USS for EUR 53m

    2010-11-30T00:00:00Z

    Redevco UK has exchanged contracts with United Superannuation Scheme (USS) for the sale of Savoy Court in London's West End for £45.4 mln (EUR 53 mln).

  • PropertyEU Archive

    FGH Bank joins International Sustainability Alliance

    2010-11-30T00:00:00Z

    FGH Bank, part of the Rabobank Group, has become the latest organisation to join the International Sustainability Alliance (ISA) as a founding member.

  • PropertyEU Archive

    SEB AM expands sales team

    2010-11-30T00:00:00Z

    Christian Hanke is joining SEB Asset Management's sales team in Frankfurt as head of Institutional Sales Real Estate. Hanke is transferring from Aberdeen Asset Management Deutschland, where he was most recently co-responsible for institutional clients in the Pension, Corporates and Consultants areas as Senior Business Development Manager.

  • PropertyEU Archive

    IVG Immobilien takes over Austria’s Hypo Real Invest

    2010-11-30T00:00:00Z

    Bonn-based IVG Immobilien will take over Vienna-based Hypo Real Invest, a real estate fund manger for institutional investors, for an undisclosed sum, it announced on Tuesday.

  • PropertyEU Archive

    BVI unveils plan to future-proof German open-ended fund sector

    2010-11-30T00:00:00Z

    Germany's investment and asset management body BVI has unveiled plans to future-proof the beleaguered open-ended fund (GOEF) sector following three major fund liquidations in recent months and a wave of suspensions in the past two years.

  • PropertyEU Archive

    Icade awarded mandate to manage 150 Poste Immo properties

    2010-11-29T00:00:00Z

    The property management arm of French Siic Icade said that it has won a mandate to manage a portfolio of over 150 commercial properties owned by Poste Immo, the real estate subsidiary of the French postal company La Poste Group.

  • PropertyEU Archive

    Unite completes EUR 169m sale to fund

    2010-11-29T00:00:00Z

    Unite Group, the London-listed developer and manager of student accommodation, has announced the completion of the planned sale of assets to the Unite UK Student Accommodation Fund for £143.9 mln (about EUR 169 mln).

  • PropertyEU Archive

    Kungsleden transacts EUR 170m in deals during November

    2010-11-29T00:00:00Z

    Kungsleden divested assets for SEK 1.02 bn (about EUR 109 mln) and acquired properties for a total of SEK 560 mln (EUR 61 mln) in November. The Swedish-listed real estate company announced on Monday that it is acquiring a site-leasehold right at a 5,000-m[sup]2[/sup] office and educational premise in Hogdalen, ...